Stock market news

Element Group will be ready for IPO in the first half of 2024
Element Group of Companies will be technically ready for an IPO in the first half of 2024, according to the company's president Ilya Ivantsov. In mid-March, Vedomosti sources reported about Element's …

VK reported for 2023 by IFRS
VK's IFRS loss for 2023 was ₽34.29 billion, up 8.8 times from ₽3.91 billion in the previous year. Revenue rose 35.8% to ₽132.77 billion against ₽97.77 billion a year earlier.

Samolet withdraws from a major residential project in Kazan
Samolet Group has withdrawn from a residential project in Kazan, having sold its share to a partner. Earlier, Airplane and R Estate agreed to jointly develop 113 hectares in the Sovetsky District of K…

Sberbank plans expansion in the brokerage market
Sberbank plans to use artificial intelligence to train clients to trade on the stock market, as well as to launch robo-advising with a low entry threshold for retail clients and integrate social mecha…

Board of Directors of Bank St. Petersburg recommended dividends
Board of Directors of Bank Saint-Petersburg recommended to pay dividends of ₽23.37 per common share and ₽0.22 per preferred share for 2023. Last day to purchase securities for dividends is May 3, 2024…

Fesco will supply components for the Atom electric car
Fesco Transportation Group will provide supplies of foreign components for the production of the Russian electric car Atom, which is being developed by AO Kama. Parties expect long-term cooperation in…

Bashinformsvyaz reported for 2023 by RAS
Bashinformsvyaz's RAS net profit for 2023 amounted to ₽1.65 billion, up 29.9% from ₽1.27 billion in the previous year. Revenue increased by 8.5% to ₽6.03 billion against ₽5.56 billion a year earlier.

PIK reported for 2023 by RAS
PIK's RAS net profit for 2023 amounted to ₽27.48 billion, down 45% from ₽49.93 billion in the previous year. Revenue fell 45.8% to ₽39.96 billion against ₽73.71 billion a year earlier.

Board of Directors of Inter RAO recommended that dividends be paid for 2023
Board of Directors of Inter RAO recommended that dividends be paid for 2023 in the amount of ₽0.32599926360805 per ordinary share. The last day of the purchase of securities to receive dividends is Ma…

TCS Holding determined the parameters of the additional share issue
Board of Directors of TCS Holding has determined the parameters of the additional share issue as part of the Rosbank acquisition deal. Bank intends to place 130 million ordinary shares by private subs…
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